Beiersdorf top managers to waive 20% of fixed pay until December
Top managers at Nivea-maker Beiersdorf are waiving 20% of their fixed compensation between April and December, Chief Executive Stefan De Loecker said on Wednesday, adding that...
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Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Britain's Waitrose names former Sainsbury's director James Bailey as new boss
Britain's John Lewis Partnership has appointed James Bailey, a former director of Sainsbury's , to be the new boss of its upmarket supermarket chain Waitrose, it...
Lufthansa chief to meet Austrian chancellor to discuss state aid
Austrian Chancellor Sebastian Kurz and Lufthansa boss Carsten Spohr will meet in Vienna on Wednesday to discuss urgently needed state aid for the German carrier's Austrian...
StanChart sees key markets leading quick economic recovery after loan losses hit first quarter
Standard Chartered PLC on Wednesday said it expects its main markets to lead global economic recovery from the COVID-19 crisis as early as later this year,...
Airbus first-quarter profit plunges as coronavirus crisis starts to bite
Airbus on Wednesday posted a 49% slump in first-quarter core profit and called for an industry-wide campaign to restore confidence in flying after the coronavirus pandemic...
Shares squeeze out gains as economies look to reopen
World shares eked out slim gains on Wednesday, with optimism over economies easing coronavirus lockdowns and oil prices clawing back ground leavened by caution over corporate...
Volkswagen sees second-quarter operating loss over coronavirus impact
German carmaker Volkswagen is expecting an operating loss in the current quarter due the impact of the coronavirus pandemic, its chief financial officer said on Wednesday.
Auto supplier Bosch sees global car production down 20% in 2020
German auto supplier and technology company Robert Bosch [ROBG.UL] on Wednesday said it expected automotive production to fall by at least 20% this year, as the...
AstraZeneca sticks to 2020 outlook, boosted by drug stockpiling
AstraZeneca topped analysts' estimates for quarterly profit and reiterated its targets for the year on Wednesday, as the British drugmaker benefited from higher demand for some...
UK's Next bolsters finances after coronavirus triggers 41% sales fall
British clothing retailer Next has shored up its finances to help get it through the coronavirus crisis by selling property, suspending share buybacks and dividends and...
John Lewis Partnership names former Sainsbury's director James Bailey as new Waitrose boss
Britain's John Lewis Partnership [JLPLC.UL] has appointed James Bailey, a former director of Sainsbury's , to be the new boss of its upmarket supermarket chain Waitrose,...
IAG shares fall after warning over slow recovery
Shares in airline group IAG fell 3% after the airline group launched a plan to shrink its main British Airways business, axing staff numbers by a...
WPP says COVID-19 dragged March net sales down 7.9%, braces for bigger impact
WPP , the world's biggest advertising company, said net sales fell 3.3% in the first quarter, with the impact of the COVID-19 pandemic dragging it down...
AstraZeneca beats first-quarter profit estimates, retains 2020 forecast
AstraZeneca on Wednesday beat analysts' estimates for first-quarter profit and reiterated its outlook for 2020, as demand for the company's newer medicines remained steady.
Asia shares hit seven-week high, oil rallies as economies slowly re-open
Asian shares climbed to a near two-month peak on Wednesday as investors took heart from easing coronavirus lockdowns in some parts of the world, better-than-expected corporate...